Section 1
Questions 1 - 10
Complete the notes below.
Write ONE WORD AND/OR A NUMBER in each gap.
Bud and Annie's families
Annie's family issues:
- father is in bad mood
- mothers 1.................is increasing again. She needs surgery to replace her 2 ...................
- the operation is very expensive, around $ 3..............................
- her family is getting problems with 4................. because sister does not want to help - her sister
seems to be selfish after the beauty 5 .................................
Bud's family issues:
- Annie thought Bud's 6................was a nice person but, she turned out to be 7 ........after getting promoted.
- his dad signed a huge 8................... and looking for some 9......................
- his parents are currently in France for 10........................ Anniversary.
Section 2
Questions 11 - 13
Choose THREE letters, A-F .
Which THREE things that most people want to spend their income on mentioned by the speaker?
A. people spend the same on enjoyment regardless of age
B. people usually spend 1,500 pounds per month on necessary things
C. people tend to spend much more than what they really want
D. the amount of money spending for the future differs for different people
E. people tend to spend their income widely on different things
F. people mainly invest their money for education and a big house
Questions 14 - 15
Choose TWO letters, A-E .
Which TWO rules should people follow to manage their money mentioned by the speaker?
A. maximum of 10 percent of the monthly budget is allowed for entertainment and unexpected
things
B. do not spend money on fancy restaurants or drinking
C. only use cash for essentials like house repairs, birthday present
D. Only use credit card to buy something for changing money
E. staying at home when the monthly budget is almost running out
Questions 16-20
Choose the correct letters A,B or C
Principles on money investment
16. Why do people need to keep a current deposit in a bank account?
A. for some rainy days
B. for some unexpected cases
C. for retirement
17. Unused money should invest in
A. the government lottery.
B. gambling games.
C. risk investment.
18. Investing money for higher earning potential, people can
A. take a higher risk.
B. make a big fortune in a short period of time.
C. guarantee to get more money back in every situation.
19. What is a balanced portfolio?
A. a wide investment list
B. a steady investment
C. a refundable investment
20. Investing money wisely means
A. putting money into different investments.
B. Spending money on venture capital
C. spending money on low-risk investments.
Section 3
Questions 21 - 23
Choose the correct letters A,B or C
21. Andrew has worked at the hospital for
A. two years.
B. three years.
C. five years.
22. During the course Andrew's employers will pay
A. his fees.
B. his living costs.
C. his salary.
23. The part-time course lasts for
A. one whole year.
B. 18 months.
C. two years.
Questions 24 and 25
Choose TWO letters A-E.
What TWO types of coursework are required each month on the part-time course?
A. a case study.
B. an essay.
C. a survey.
D. a short report.
E. a study diary.
Questions 26-30
Complete the summary below.
Write NO MORE THAN THREE WORDS AND/OR A NUMBER for each answer.
Modular Courses
Students study (26) ............... during each module. A module takes (27) ............... and the work is very (28) ............... To get a Diploma each student has to study (29) ............... and then work on (30) ............... in depth.
Section 4
Questions 31 – 35
Complete the following sentences.
Write NO MORE THAN three words for each answer
31. According to George Bernard Shaw, men are supposed to understand ........., economics and finance.
32. However, women are more prepared to ......... about them.
33. Women tend to save for ............. .and a house.
34. Men tend to save for .............. and for retirement.
35. Women who are left alone may have to pay for ................. when they are old.
Questions 36 – 40
Complete the summary below.
Write NO MORE THAN THREE WORDS AND/OR A NUMBERS for each answer.
Saving for the future
- Most women think about their financial future when a/an 36 ...... occurs.
- Women start thinking about 37 ................... when they are in their early twenties .
- To develop their 38 ............................in dealing with financial affairs would be to attend classes in money 39 .....................
- Women should put a high proportion of their savings in low risk investments and the rest for 40............. ones which can offer them a comfortable, independent retirement.